162.003 – BENEFICIARIES OF TRUST FUNDS. (a) An artisan,
Texas Property Code § 162.003
Summary
This law establishes that certain workers and property owners are beneficiaries of trust funds related to construction or repair work on real property in Texas. It ensures that artisans, laborers, and property owners have rights to these funds for their contributions to improvements.
Covers artisans, laborers, contractors, and property owners.
Applies to funds related to construction or repair work.
Protects beneficiaries' rights to trust funds for improvements.
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In simple terms: Learn about Texas's BENEFICIARIES OF TRUST FUNDS. (a) An artisan, law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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